L&T Technology Services Limited
LTTS
Rank in Stocks
#3900
L&T Technology Services Limited (LTTS) delivers engineering, research, and... L&T Technology Services Limited (LTTS) delivers engineering, research, and development (ER&D) solutions across various global markets, including North America, Europe, and India. Through its Transportation division, the company furnishes engineering expertise and comprehensive solutions to the transportation sector, collaborating with original equipment manufacturers (OEMs) and Tier 1 suppliers in areas such as automotive, commercial vehicles (trucks and off-highway), aerospace, rail, and polymer manufacturing. The Industrial Products segment supports OEM clients within the building automation, domestic and office appliance, energy, process management, and machinery industries, encompassing services from product innovation guidance and advanced software development to electronics, connectivity, mechanical design, industrial communication protocols, intuitive user interfaces (UI/UX), testing methodologies, and enterprise-level control systems. The Telecom & Hi-Tech division provides specialized services to a diverse clientele, including OEMs/ODMs, chipset manufacturers, telecommunications providers, and independent software vendors (ISVs), spanning embedded software and hardware platform engineering, ongoing product maintenance and upgrades, rigorous testing and validation, seamless system integration for communications, and practical field deployment solutions. For clients in the chemical, consumer goods, and energy & utility sectors, the Plant Engineering segment delivers comprehensive, end-to-end engineering support. LTTS's Medical Devices unit develops solutions for medical device OEMs across various specialties, including diagnostics, life sciences, surgical instruments, cardiovascular systems, home health, and general medical equipment. Originally incorporated in 2012 under the name L&T Technology and Engineering Services Company Limited, the firm adopted its current name, L&T Technology Services Limited, in July of the same year. Headquartered in Vadodara, India, it operates as a subsidiary of Larsen & Toubro Limited.
Share Price
$39.85
Last synced: 2026-10-19
Market Cap
$4.23B
Change (1 day)
-2.99%
Change (1 year)
-16.60%
Country
IN
Trade L&T Technology Services Limited (LTTS)
Category
Technology
P/E ratio for L&T Technology Services Limited (LTTS)
P/E ratio as of October 2026 TTM: 29.10
According to L&T Technology Services Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.10. At the end of 2024 the company had a P/E ratio of 45.42.
P/E ratio history for L&T Technology Services Limited from 2013 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 29.10 | -23.67% |
| 2025 | 38.12 | -16.08% |
| 2024 | 45.42 | 54.36% |
| 2023 | 29.43 | -47.60% |
| 2022 | 56.16 | 33.98% |
| 2021 | 41.92 | 183.57% |
| 2020 | 14.78 | -32.09% |
| 2019 | 21.77 | -13.13% |
| 2018 | 25.06 | 39.17% |
| 2017 | 18.00 | 15.10% |
| 2016 | 15.64 | -25.38% |
| 2015 | 20.96 | -97.97% |
| 2014 | 1.03K | -100.79% |
| 2013 | -130.38K | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 19.90 | -31.60% |
US
|
|
| 15.74 | -45.92% |
IE
|
|
| - | - |
IN
|
|
| - | - |
IN
|
|
| - | - |
JP
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.